Koh Tao are fast becoming 1 of the greatest sought after tourist destinations in Thailand, thanks to its mild weather & relaxed lifestyle. This has led to a property boom in the past 5 years, despite the political turmoil facing the country & the global economic downturn dampen the tourism industry worldwide. Growth is more pronounced in the residential segment, with overseas investment flowing in unimpeded.
Although Koh Tao estate is less beneficial than in neighbouring Koh Samui or Phuket, Koh Tao to be a latecomer in the market, it still attracts primary investors. The reasons are many, the island's slower pace of development is tempting eco-friendly tourism, other 2 islands are running out of available land, proximity of the island of Koh Samui well developed & so on.
Military coup in Thailand, along with financial decline, in fact, led to the decline in Koh Tao real estate market. Dock did this time in supporting property tax rates & bring better players from the international scene, which strengthens the industry. Now with a democratic government in place since 2008, the market is experiencing an unprecedented wave. 1 Of the most attractive features of Koh Tao real estate to foreign investors is affordability, as property prices is higher than before, much less than that of similar resorts at home or even Thai & other Asian destinations.
As more people settle in Koh Tao's picturesque coastline, large retail chains opened shop on the island. The island residents are spoiled for choice of quality products & services, thereby catapulting Koh Tao in the big league.
Despite the red scenario involves a significant property investment risk, which was revealed by the recent crisis triggered by country-interference scandals. With stricter norms for ownership for foreign nationals in place, industry back on its growth path.
Koh Tao Real Estate in more details
Although Koh Tao estate is less beneficial than in neighbouring Koh Samui or Phuket, Koh Tao to be a latecomer in the market, it still attracts primary investors. The reasons are many, the island's slower pace of development is tempting eco-friendly tourism, other 2 islands are running out of available land, proximity of the island of Koh Samui well developed & so on.
Military coup in Thailand, along with financial decline, in fact, led to the decline in Koh Tao real estate market. Dock did this time in supporting property tax rates & bring better players from the international scene, which strengthens the industry. Now with a democratic government in place since 2008, the market is experiencing an unprecedented wave. 1 Of the most attractive features of Koh Tao real estate to foreign investors is affordability, as property prices is higher than before, much less than that of similar resorts at home or even Thai & other Asian destinations.
As more people settle in Koh Tao's picturesque coastline, large retail chains opened shop on the island. The island residents are spoiled for choice of quality products & services, thereby catapulting Koh Tao in the big league.
Despite the red scenario involves a significant property investment risk, which was revealed by the recent crisis triggered by country-interference scandals. With stricter norms for ownership for foreign nationals in place, industry back on its growth path.
Koh Tao Real Estate in more details
